We specialize in Loan Consolidation Merchant Accounts and merchant accounts for loan consolidation. We approve practically every business type, even if you have been turned down for payment processing. With decades of experience, our team is here to help. Even if you have been shut down by your current processor, we have a solution for your particular situation. We’re available to answer any questions and provide ongoing continued support for our valued customers.
Don’t hesitate, call us immediately for assistance. Our dedicated staff is standing by to assist you. Our typical turn-around time is 3 business days and in some cases the same day. We look forward to working with you Apply Today .
High Risk Merchant Account LLC can approve loan consolidation merchant accounts to accept credit cards payments on services in this sector. With decades of experience in the high risk merchant services space, we have distinguished ourselves as a leader our industry. Credit card processing for the debt consolidation sector is critical for a successful business model. We can typically supply loan companies with a legitimate pedigree, a merchant service payment solution within a few days. Stop shopping and start processing, call us today.
What Is A Loan Consolidation Merchant Account:
Loan consolidation merchant accounts furnish the ability to process customer payments on loans and fees associated with originations. Processing may include credit cards, debit cards, value added cards, and electronic high risk ach processing. If your business model includes monthly billing, a recurring monthly payment module should be considered to streamline payment schedules.
Who Needs A Loan Consolidation Merchant Account:
Without exception, every loan consolidation lender and originator need’s a merchant account to succeed in this space. This requisite will accommodate cash flows and revenues into the operation and is imperative to your success. According to the New York Federal Reserve, household debit is at a all-time high in 2018 and currently showing no signs of retracement any time soon. Collage debt numbers have reached about $1.41 trillion dollars with a default rate of 11.5%. This is a growth from the previous year when the nationwide collage debt was at about $1.27 trillion dollars. As education debts are just one part of the overall loan consolidation sector as a whole, it comes without saying that there plenty of room for businesses to grow and thrive in such an active industry. As this credit bubble continues, consumers will continue to seek debt consolidation and restructuring measures to manage debt burdens. The merchant services industry will also benefit, as the need for merchant accounts within the loan consolidation expands with the current trends.
The need for a debt consolidation merchant account comes at the simple fact that we are living in a digital world. Like any major innovation there are two sides to the coin. With such easy access to goods and services online or over the phone, there unfortunately comes the possibility for fraud or errors. In terms of merchant services, having fraud and chargebacks associated with your account will greatly effect you. These are the things you will have to be most cautious about when proceeding with a merchant account. The surest way to avoid having to deal with fraud and chargebacks are to make sure you are organized and precise when processing payments. Look for details that may appear as a red flag. One example may be, a credit card from Florida is being used to make a purchase from an international connection. Verifying and double checking will be your best friend. Feel free to ask our experts about how to best secure yourself again chargebacks and fraud.
Individuals and businesses are purchasing goods and services through the internet and with a quick swipe or dip of the card in record numbers. The ease and simplicity and ease is very hard to beat. Giving your business the tools provided to you by a merchant account have the potential to bring your business to new heights and expand your customer base to virtually every corner of the globe. Regardless of the specific types of loans your consolidation firm deals in, there are merchant services that can be tailored to best fit your needs and future goals.
Multiple Processing Choices:
We understand choices are a crucial consideration when choosing a merchant services processor to handle your electronic payments. We offer our merchants a variety of processing choices that best suits their business needs. For example, if you run a telemarketing merchant call room for sales and customer service, we can fully integrate your crm with automated payment processing. Another popular choice is a internet payment portal directly on your website, allowing customers to make payments via computer or cellphone. What ever your processing needs may be, we have a solution for you.
Our goal is to approve all merchants, regardless if you have been shut down or turned down in the past. We understand mitigating circumstances such as chargeback ratios and exponential monthly volume growth can devastate a bank relationship, causing a merchant closure or substantial holds place on an account to protect the bank from losses. We are dedicated to making every attempt to resolve issues and get your account approved. Our commitment to excellence and going the extra mile to exhaust every opportunity is our mantra. We strive to exceed expectations and utilize our expertise and competence to deliver unsurpassed customer satisfaction.
With our team’s unique experience in the payment space, we bring the vital expertise to get your account approved quickly and painlessly. Our staff is committed to providing unsurpassed customer service and strive for 100% customer satisfaction. Give us a call today to discuss all of your credit card processing needs.
GET STARTED TODAY !!!!!
At High Risk Merchant Account LLC, , your business success is our ultimate goal. Our dedicated staff is standing by to assist you in navigating the payment processing space. With decades of experience, our team is committed to providing competent knowledgeable advice and a plan of action to get your merchant account approved quickly. Call us immediately to get on the fast track for loan consolidation merchant account approval. Our typical turn-around time is 3-5 business days and in certain cases the very same day. We look forward to working with you! Apply Online Today